Acushnet (GOLF) CEO has shares withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acushnet Holdings Corp. President and CEO David Eugene Maher reported a Form 4 showing a tax-related share disposition. On the vesting of previously granted restricted stock units, 15,012.193 shares of common stock were withheld by the company at $99.56 per share to cover income tax obligations. Maher continues to hold 869,312.723 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maher David Eugene
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 15,012.193 | $99.56 | $1.49M |
Holdings After Transaction:
Common Stock — 869,312.723 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Acushnet (GOLF) report for CEO David Maher?
Acushnet reported that CEO David Maher had 15,012.193 common shares withheld to cover taxes on vesting restricted stock units. This was a tax-withholding disposition, not an open market sale, and was priced at $99.56 per share.
Was the GOLF CEO’s Form 4 transaction a stock sale in the open market?
No, the Form 4 for GOLF’s CEO reflects shares withheld by the company to satisfy income tax obligations on vesting restricted stock units, not an open market sale. The transaction is coded “F” for tax-withholding disposition.
What does transaction code F mean in the Acushnet (GOLF) Form 4 filing?
Transaction code F in the Acushnet Form 4 indicates payment of an exercise price or tax liability by delivering securities. Here, it reflects shares withheld by the issuer to meet income tax withholding on vesting restricted stock units.